Ripple has secured a $200 million debt facility to expand
its prime brokerage unit, Ripple Prime, as demand for institutional financing
continues to grow across digital and traditional markets.
Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!)
The company announced that funds managed by Neuberger
Specialty Finance provided the facility. Ripple will use the capital to
increase lending capacity and support margin financing for institutional
clients.
Dependable access to financing is critical to institutional participants in today’s dynamic markets, and Ripple Prime’s ability to meet this need just got that much stronger.
We’re proud to partner with Neuberger on a $200M debt facility to meet rising client demand for our…
— Ripple (@Ripple) May 11, 2026
Ripple Prime has recorded strong growth since Ripple
acquired the platform in 2025. The firm said revenue has tripled year over
year, driven by higher trading activity and rising demand for financing
solutions. Institutional clients continue to seek stable access to capital as
they operate across multiple asset classes.
The agreement allows Ripple Prime to draw up to $200 million
over time, depending on client demand. The company plans to deploy the funds to
extend credit to both new and existing institutional clients.
Related: Ripple Seeks Australian License as It Expands Regulatory Footprint
Neuberger Specialty Finance said the deal aligns with its
strategy of supporting asset-based financing platforms. The firm highlighted
Ripple Prime’s position across both traditional finance and digital assets.
Peter Sterling, Head of Neuberger Specialty Finance, said
the platform combines technology with operational discipline. “This facility
reflects our focus on partnering with market leading platforms and is a
testament to Ripple Prime’s unique position at the nexus of traditional and
expanding markets,” he said.
Focus on Traditional and Digital Markets
Ripple continues to expand its institutional offering, which
includes services across payments, custody, liquidity, and treasury management.
The new facility strengthens its ability to provide financing solutions as
institutional participation in digital assets increases.
Ripple bought prime broker Hidden Road for about $1.25
billion in 2025 and rebranded it as Ripple Prime, marking a major push into
multi‑asset
institutional brokerage and clearing.
Ripple Prime is ramping up in a busy field where
institutional investors already rely on large crypto prime brokers and exchange‑linked
platforms offering trading, financing, and custody. Its new $200 million
facility signals Ripple’s intent to match rivals’ balance‑sheet strenght and deepen services
like margin financing, rather than just provide market access.
In practice, that means competing more directly for the same
hedge funds and trading firms that today borrow, trade, and custody through
established institutional platforms, turning credit capacity and multi‑asset
infrastructure into the main battleground for winning institutional flows.
Ripple has secured a $200 million debt facility to expand
its prime brokerage unit, Ripple Prime, as demand for institutional financing
continues to grow across digital and traditional markets.
Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!)
The company announced that funds managed by Neuberger
Specialty Finance provided the facility. Ripple will use the capital to
increase lending capacity and support margin financing for institutional
clients.
Dependable access to financing is critical to institutional participants in today’s dynamic markets, and Ripple Prime’s ability to meet this need just got that much stronger.
We’re proud to partner with Neuberger on a $200M debt facility to meet rising client demand for our…
— Ripple (@Ripple) May 11, 2026
Ripple Prime has recorded strong growth since Ripple
acquired the platform in 2025. The firm said revenue has tripled year over
year, driven by higher trading activity and rising demand for financing
solutions. Institutional clients continue to seek stable access to capital as
they operate across multiple asset classes.
The agreement allows Ripple Prime to draw up to $200 million
over time, depending on client demand. The company plans to deploy the funds to
extend credit to both new and existing institutional clients.
Related: Ripple Seeks Australian License as It Expands Regulatory Footprint
Neuberger Specialty Finance said the deal aligns with its
strategy of supporting asset-based financing platforms. The firm highlighted
Ripple Prime’s position across both traditional finance and digital assets.
Peter Sterling, Head of Neuberger Specialty Finance, said
the platform combines technology with operational discipline. “This facility
reflects our focus on partnering with market leading platforms and is a
testament to Ripple Prime’s unique position at the nexus of traditional and
expanding markets,” he said.
Focus on Traditional and Digital Markets
Ripple continues to expand its institutional offering, which
includes services across payments, custody, liquidity, and treasury management.
The new facility strengthens its ability to provide financing solutions as
institutional participation in digital assets increases.
Ripple bought prime broker Hidden Road for about $1.25
billion in 2025 and rebranded it as Ripple Prime, marking a major push into
multi‑asset
institutional brokerage and clearing.
Ripple Prime is ramping up in a busy field where
institutional investors already rely on large crypto prime brokers and exchange‑linked
platforms offering trading, financing, and custody. Its new $200 million
facility signals Ripple’s intent to match rivals’ balance‑sheet strenght and deepen services
like margin financing, rather than just provide market access.
In practice, that means competing more directly for the same
hedge funds and trading firms that today borrow, trade, and custody through
established institutional platforms, turning credit capacity and multi‑asset
infrastructure into the main battleground for winning institutional flows.
